What's the Real Estate Buzz in Owatonna Minnesota? - 12/10/09 01:03 PM
What's the Real Estate Buzz in Owatonna?                           Sales during the last 2 months have picked up and right now we're running ahead of 2008's sales activity (the first time all year).  It seems that the first time buyer stimulus plan has been working.  We've seen a strong presence of those buyers in our market and that helps everyone. We predicted that first time home buyers would be the mainstay of the 2009 market, along with buyers relocating into Owatonna for their jobs, and it appears to have panned out that way.  One of my lending experts, Brenda Bednar (through Advisor's … (0 comments)

Real Estate Market Update in Owatonna Minnesota - 12/10/09 12:38 PM
I thought I'd pass along the article (from the National Association of Realtors) regarding the uptick that's taken place in the real estate market across the country.  As I've mentioned before, real estate is local.  There's no doubt that the tax credit program was beneficial to our local market, especially in October and November.  We expect to see a similar boost in the first quarter of 2010, and we sure could use it because the current activity has been very slow, even for December.  This recent winter weather doesn't help at all.
As I've passed along in recent statistics, our year-to-date … (0 comments)